UK Adviser Pleads Not Guilty To Insider Trading

Law360, New York (February 3, 2011, 2:59 PM EST) -- A British management consultant has pled not guilty to allegations brought by the U.K. Financial Services Authority related to spread bets he placed on 18 different British- and European-listed stocks between 2008 and 2009.

Rupinder Sidhu pled not guilty on Wednesday in the City of Westminster Magistrates' Court, where British prosecutors charged him with 23 counts of insider trading under the Criminal Justice Act of 1993 and one count of money laundering under the Proceeds of Crime Act of 2002 over his alleged spread bets....
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